Lakshmi Mittal
Ranking: 1
Worth: £10,800m
The steelmaker’s enormous fortune has taken a diverse dive. Stock market turmoil and fears of declining demand for steel have shrunk the value of the family stake in Arcelor Mittal from a record £33 billion last June to about £8.2 billion. Mittal, 58, whose assets is down 61% this year, built his empire by attaining and turning round ailing former state-owned mills across the world, and knows all there is to know about steel. With his wife and two children he moved to London, which he loves, although he maintains his Indian passport. He and Ecclestone have endowed in the Championship football club Queens Park Rangers with Flavio Briatore (qv). We consider the family assets has fallen by £16.9 billion.
Roman Abramovich
Ranking: 2
Worth: £7,000m
In a recent London court case in which he fought off a £2.5 billion claim on part of his fortune, Abramovich was said to have spent 57 days in Britain in 2007, almost all of which matched with the matches of Chelsea FC, the club he owns. The Russian, 42, made his wealth in oil, teaming up with Boris Berezovsky (qv) to buy the Sibneft operation in 1995 for about £120m and selling it in 2005 for £7.5 billion. He then bought stakes in the Russian steel firm Evraz and Jersey-based mining group Highland Gold, both of which have been knocked by the collapse in stock markets and asset values. Media reports positioned his losses during the credit crunch at up to £17 billion. That look as if to be on the steep side – but both he and Chelsea have been cutting costs. We think his wealth has fallen 40%
The Duke of Westminster
Ranking: 3
Worth: £6,500m
The £1 billion Liverpool One shopping centre open last May with a quarter of its 80 stores vacant, costing the duke’s Grosvenor Group nearly £190m in provisions and write-downs. It’s most recent results this month showed a 7.4% fall in net assets from £3.1 billion to £2.8 billion. Westminster, 57, is the wealthy British-born man and the group, which has a conservative approach to borrowing, owns estates in Lancashire, Cheshire, Scotland and Canada, plus swathes of Belgravia in central London.
Ernesto and Kirsty Bertarelli
Ranking: 4
Worth: £5,000m
Project 55 is a closely guarded undisclosed at Devonport dockyard in Plymouth. Yet it is not a classified Royal Navy project but a 96-metre yacht being built, the workers consider, for Ernesto Bertarelli, 43, a biotechnology magnate. He is the owner of the winning Alinghi/Switzerland team that has won yachting’s coveted America’s Cup in 2003 and 2007.
Hans Rausing
Ranking: 5
Worth: £4,000m
Rausing, 83, the reclusive Swedish industrialist, is one of Britain’s most charitable donors. He and his family dedicated more than £150m last year to charity and still had £148,000 left over to give to the Conservative party. Based in East Sussex, Rausing helped to expand the Tetra Pak (later Tetra Laval) firm, which revolutionised the packaging of milk.
Sir Philip and Lady Green
Ranking: 6
Worth: £3,830m
Sir Philip Green (born 15 March 1952) is a British billionaire businessman who possesses some of the United Kingdom’s largest retailers, including the Arcadia Group. He is Britain’s ninth richest person with property worth around £4.43bn in 2008. He owns 2300 shops in the UK and his assets currently control 12% of the UK clothing retail market, making his kingdom the second-largest in the sector. The leader, Marks and Spencer, has been the goal of three ineffective takeover bids from Green.
Charlene and Michel de Carvalho
Ranking: 7
Worth: £2,960m
De Carvalho, 52, inherits brewing in her blood. Her mother, Lucille, was the daughter of a Kentucky bourbon baron; her father, Freddie Heineken, the visionary Dutchman who clawed Heineken back from the verge of disaster after debt, divorce and bad administration saw the family lose power of the firm his grandfather had founded in 1873. By furtively buying up shares, 30-year-old Freddie regained the firm in 1954 and went on to turn Heineken into the world’s second largest brewer by volume.
Sammy and Eyal Ofer
Ranking: 8
Worth: £2,677m
Sammy Ofer KBE is born on 22 February 1922. He is a businessman, shipping magnate and one of the richest people in Israel, although most of his time he spends out of the country, and directs his businesses from Monte Carlo in Monaco. A part of the Ofer family, the annual Forbe
s<
/i> magazine’s list of The World’s Billionaires estimated in 2009 his wealth, together with his brother Yuli’s, to be $4.0 billion, ranking him the 132nd in richest people in the world.
David and Simon Reuben
Ranking: 9=
Worth: £2,500m
The Reuben brothers were born in Bombay to Jewish parents of Iranian rebel and when their parents separated they settled in London in their early teens with their mother and grandmother. At first they had different careers with David becoming a metal trader and Simon becoming occupied in the carpet industry however this was also the time when they found the property market which was to literally take over their lives in later years. Later on they joined together in Transworld, a metals trader that invested in Russia and Kazakhstan. They were cashed out of business after have a disagreement with partners.
Joe Lewis
Ranking: 9=
Worth: £2,500m
Lewis, who made headlines by seizing one of the biggest single stakes in the No. 5 U.S. brokerage Bear Stearns Cos Inc BSC.N, in general prefers to leave the limelight to his resort properties and a flock of celebrity friends. He is the mass shareholder of British Pub group Mitchells & Butlers, controlling 23% of the issued share capital.
Ranking: 1
Worth: £10,800m
The steelmaker’s enormous fortune has taken a diverse dive. Stock market turmoil and fears of declining demand for steel have shrunk the value of the family stake in Arcelor Mittal from a record £33 billion last June to about £8.2 billion. Mittal, 58, whose assets is down 61% this year, built his empire by attaining and turning round ailing former state-owned mills across the world, and knows all there is to know about steel. With his wife and two children he moved to London, which he loves, although he maintains his Indian passport. He and Ecclestone have endowed in the Championship football club Queens Park Rangers with Flavio Briatore (qv). We consider the family assets has fallen by £16.9 billion.
Roman Abramovich
Ranking: 2
Worth: £7,000m
In a recent London court case in which he fought off a £2.5 billion claim on part of his fortune, Abramovich was said to have spent 57 days in Britain in 2007, almost all of which matched with the matches of Chelsea FC, the club he owns. The Russian, 42, made his wealth in oil, teaming up with Boris Berezovsky (qv) to buy the Sibneft operation in 1995 for about £120m and selling it in 2005 for £7.5 billion. He then bought stakes in the Russian steel firm Evraz and Jersey-based mining group Highland Gold, both of which have been knocked by the collapse in stock markets and asset values. Media reports positioned his losses during the credit crunch at up to £17 billion. That look as if to be on the steep side – but both he and Chelsea have been cutting costs. We think his wealth has fallen 40%
The Duke of Westminster
Ranking: 3
Worth: £6,500m
The £1 billion Liverpool One shopping centre open last May with a quarter of its 80 stores vacant, costing the duke’s Grosvenor Group nearly £190m in provisions and write-downs. It’s most recent results this month showed a 7.4% fall in net assets from £3.1 billion to £2.8 billion. Westminster, 57, is the wealthy British-born man and the group, which has a conservative approach to borrowing, owns estates in Lancashire, Cheshire, Scotland and Canada, plus swathes of Belgravia in central London.
Ernesto and Kirsty Bertarelli
Ranking: 4
Worth: £5,000m
Project 55 is a closely guarded undisclosed at Devonport dockyard in Plymouth. Yet it is not a classified Royal Navy project but a 96-metre yacht being built, the workers consider, for Ernesto Bertarelli, 43, a biotechnology magnate. He is the owner of the winning Alinghi/Switzerland team that has won yachting’s coveted America’s Cup in 2003 and 2007.
Hans Rausing
Ranking: 5
Worth: £4,000m
Rausing, 83, the reclusive Swedish industrialist, is one of Britain’s most charitable donors. He and his family dedicated more than £150m last year to charity and still had £148,000 left over to give to the Conservative party. Based in East Sussex, Rausing helped to expand the Tetra Pak (later Tetra Laval) firm, which revolutionised the packaging of milk.
Sir Philip and Lady Green
Ranking: 6
Worth: £3,830m
Sir Philip Green (born 15 March 1952) is a British billionaire businessman who possesses some of the United Kingdom’s largest retailers, including the Arcadia Group. He is Britain’s ninth richest person with property worth around £4.43bn in 2008. He owns 2300 shops in the UK and his assets currently control 12% of the UK clothing retail market, making his kingdom the second-largest in the sector. The leader, Marks and Spencer, has been the goal of three ineffective takeover bids from Green.
Charlene and Michel de Carvalho
Ranking: 7
Worth: £2,960m
De Carvalho, 52, inherits brewing in her blood. Her mother, Lucille, was the daughter of a Kentucky bourbon baron; her father, Freddie Heineken, the visionary Dutchman who clawed Heineken back from the verge of disaster after debt, divorce and bad administration saw the family lose power of the firm his grandfather had founded in 1873. By furtively buying up shares, 30-year-old Freddie regained the firm in 1954 and went on to turn Heineken into the world’s second largest brewer by volume.
Sammy and Eyal Ofer
Ranking: 8
Worth: £2,677m
Sammy Ofer KBE is born on 22 February 1922. He is a businessman, shipping magnate and one of the richest people in Israel, although most of his time he spends out of the country, and directs his businesses from Monte Carlo in Monaco. A part of the Ofer family, the annual Forbe
s<
/i> magazine’s list of The World’s Billionaires estimated in 2009 his wealth, together with his brother Yuli’s, to be $4.0 billion, ranking him the 132nd in richest people in the world.
David and Simon Reuben
Ranking: 9=
Worth: £2,500m
The Reuben brothers were born in Bombay to Jewish parents of Iranian rebel and when their parents separated they settled in London in their early teens with their mother and grandmother. At first they had different careers with David becoming a metal trader and Simon becoming occupied in the carpet industry however this was also the time when they found the property market which was to literally take over their lives in later years. Later on they joined together in Transworld, a metals trader that invested in Russia and Kazakhstan. They were cashed out of business after have a disagreement with partners.
Joe Lewis
Ranking: 9=
Worth: £2,500m
Lewis, who made headlines by seizing one of the biggest single stakes in the No. 5 U.S. brokerage Bear Stearns Cos Inc BSC.N, in general prefers to leave the limelight to his resort properties and a flock of celebrity friends. He is the mass shareholder of British Pub group Mitchells & Butlers, controlling 23% of the issued share capital.
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